What we do
Truro BID delivers events, projects and services that benefit the city, its businesses and city-centre workers. We are a not-for-profit organisation designed to raises Truro's profile, attracts visitors and encourages them to explore the city.
Independent of local authorities and statutory agencies, Truro BID is funded by around 360 levy payers. Businesses with a Rateable Value (RV) of £12,500 or more pay an annual levy of 1.5%. See our FAQs webpage for more details.
During our fourth term, the Truro BID projects sit within three themes:
- Events and Marketing
- Safety, Security and Environment
- Business Support
Truro BID Achievements
Click on the panels below to find out more or see our achievements here.
As of March 2026, we had c.360 businesses included in the scheme, estimated to generate around £1.5 million of additional funding for the city from the BID Levy over five years.
We aim to achieve extra funding to the Levy, which we also invest into the city. In the last financial year to March 2026, we achieved £67,500 of extra funding, mainly through grants (such as Government funding Hot Spot Security Patrols), plus via event sponsorship and renting out parking spaces.